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Monitor Report of SWEDEN trade and SWEDEN-China binational trade in 202210

 1.  Overview the trade of SWEDEN in goods current year until 202210

According to Dalian Infobank, in 202210SWEDEN's exports and imports of goods amounted to 31286.1314 million, and were down 6.97% comparing with the same period of last year. Among these, exports were down 9.68% at 15158.9114 million, and imports were down 4.27% at 16127.2200 million. And the corresponding trade deficit was 968.3086 million and up 1425.08%.

During the current year until 202210, SWEDEN's total exports and imports of goods were 330174.3955 million and were up 6.96% comparing to the same period of last year. Among these, exports were 163284.3982 million and up 4.75%; imports were 166889.9972 million and up 9.21%. The total trade deficit was 3605.5990 million and down 217.92%.

If considering by country (region), GERMANY, NORWAY, NETHERLANDS, DENMARK, UNITED STATES were SWEDEN's top five trading partners. During the current year until 202210, SWEDEN's imports and exports to five countries/territories were 38000.3547 million, 37172.1007 million, 22965.7641 million, 20924.0022 million, 20140.2215 million. These values correspond to 11.51%, 11.26%, 6.96%, 6.34%, 6.10% of SWEDEN's imports and exports, and, respectively, were down 9.94%, up 16.18%, down 2.41%, down 7.06%, up 19.35% comparing to the same period of last year.

Current year until 202210, SWEDEN and the top five trade partners NORWAY, GERMANY, UNITED STATES, DENMARK, FINLAND are the top five countries/territories that SWEDEN exports to in terms of the total export amount. During the current year until 202210, SWEDEN's exports to these five countries/territories were 17667.1145 million, 15033.6032 million, 14516.9190 million, 11156.4052 million, 10557.8945 million. These values correspond to 10.82%, 9.21%, 8.89%, 6.83%, 6.47% of SWEDEN's exports and, respectively, were up 7.19%, down 6.31%, up 14.79%, down 6.62%, down 3.77% comparing with the same period of last year.

Current year until 202210, SWEDEN's exports to top five countries/territories GERMANY, NORWAY, NETHERLANDS, CHINA, INTRA-EU are the top five countries/territories that SWEDEN imports from in terms of the total export amount. During the current year until 202210, SWEDEN's imports from these five countries/territories were 22966.7514 million, 19504.9862 million, 15764.1082 million, 11874.5646 million, 10808.6000 million. These values correspond to 13.76%, 11.69%, 9.45%, 7.12%, 6.48% of SWEDEN's total imports and, respectively, were down 12.17%, up 25.73%, up 1.65%, up 16.31%, 0 comparing with the same period of last year.

During the current year until 202210, the trade surplus of SWEDEN was mainly from UNITED STATES, FINLAND, UNITED KINGDOM, COUNTRIES AND TERRITORIES NOT SPECIFIED FOR COMMERCIAL OR MILITARY REASONS IN THE FRAMEWORK OF TRADE WITH THIRD COUNTRIES, DENMARK at 8893.6166 million, 3469.7460 million, 2266.5149 million, 1539.7278 million, 1388.8081 million, and up 5.64%, down 17.45%, down 45.74%, down 5.32%, up 0.57%. And the trade deficits were mainly from NETHERLANDS, GERMANY, CHINA, INTRA-EU, NORWAY at 8562.4523 million, 7933.1482 million, 6190.5303 million, 2259.9800 million, 1837.8717 million, and up 14.45%, down 21.46%, up 65.87%, 0, down 289.83%.

Current year until 202210, SWEDEN's trade surplus or deficit with top five countries/territories During the current year until 202210,  commodities with hs2 codes, 84, 27, 87, 85, 99, were SWEDEN's top five traded commodities. They correspond to the import and export values of 40200.0318 million, 38850.1036 million, 33392.2074 million, 31170.9036 million, 19407.2480 million, which were down 9.84%, up 52.38%, down 9.46%, down 7.35%, up 25816.61% comparing with the same period of last year and account for 12.18%, 11.77%, 10.11%, 9.44%, 5.88% of SWEDEN's total imports and exports.

During the current year until 202210, 84, 87, 27, 85, 30 were SWEDEN's top five traded commodities, with total import and export values of 21321.7458 million, 18809.4749 million, 16857.2463 million, 12862.8189 million, 10377.4812 million. These values correspond to 13.06%, 11.52%, 10.32%, 7.88%, 6.36% of SWEDEN's total exports and, respectively, were down 9.67%, down 8.18%, up 53.30%, down 9.34%, up 12.94% comparing to the same period of last year.

During the current year until 202210, 27, 84, 85, 87, 99 were SWEDEN's top five traded commodities, with total import values of 21992.8572 million, 18878.2860 million, 18308.0847 million, 14582.7325 million, 10835.6986 million. These values correspond to 13.18%, 11.31%, 10.97%, 8.74%, 6.49% of SWEDEN's total exports and, respectively, were up 51.68%, down 10.04%, down 5.90%, down 11.05%, up 20084.89% comparing to the same period of last year.


2. Current year until 202210, SWEDEN binational trade profile

According to Dalian Infobank, during the current year until 202210, SWEDEN-China binational exports and imports of goods amounted to 17558.5989 million and were up 5.23% comparing with the same period of last year. Among these, exports from SWEDEN to China were 5684.0343 million and down 12.25%, imports from China to SWEDEN were 11874.5646 million and up 16.31%. The total binational trade deficit was 6190.5303 million and up 65.87%.

During the urrent year until 202210, commodities with hs2 code, 85, 84, 87, 94, 30, were binational trade's top five traded commodities. They correspond to import and export values of 3441.3118 million, 2920.0736 million, 1417.6198 million, 1046.4566 million, 950.7285 million and makes up 19.60%, 16.63%, 8.07%, 5.96%, 5.41% of the total binational imports and exports. These values were also up 12.82%, down 4.81%, down 15.24%, up 5.43%, up 10.43% comparing to the same period last year.

During the current year until 202210, 84, 87, 30, 85, 72 were the top five traded commodities exported to China from SWEDEN, with export values of 1034.3914 million, 991.7000 million, 882.2644 million, 493.0568 million, 433.1259 million. These values account for 18.20%, 17.45%, 15.52%, 8.67%, 7.62% of SWEDEN's total exports and were down 16.93%, down 24.98%, up 6.64%, down 8.56%, up 3.98% comparing to the same period of last year.

During the current year until 202210, 85, 84, 94, 62, 61 were SWEDEN's top five traded commodities importing from China , with import values of 2948.2550 million, 1885.6822 million, 1029.0464 million, 633.7266 million, 532.6541 million. These values account for 24.83%, 15.88%, 8.67%, 5.34%, 4.49% of SWEDEN's total imports and were up 17.42%, up 3.47%, up 5.79%, up 26.28%, up 18.22% comparing with the same period of last year.


3.Analysis of import and export trends


Data Source: Eurostat